South Korea's Navy will receive seventh Son Won II-class (Type 214) diesel-electric air-independent propulsion submarine built by Hyundai Heavy Industries, on Friday that is capable of operating underwater for more than 10 days. The Hong Beom-do, is the world's top-level diesel sub that can handle more than 300 underwater targets at the same time and operate underwater for over 10 days without surfacing, Yonhap reports citing the Defense Acquisition Program Administration (DAPA)
South Korean Hyundai Heavy Industries and Indian Hindustan Shipyard (HSL) will build fleet support ships for the Indian Navy in both the nations. The agreement is expected to be inked in mid-2018
Hyundai has stopped auto production at its four factories in China as tensions between South Korea and Being rose over US deployment of Terminal High Altitude Area Defense anti-missile system. All four of its factories that have been in operation in China had stopped manufacturing vehicles as of Tuesday after a local parts supplier refused to supply components when Hyundai delayed payment
South Korea has received a 3,000 ton minelayer vessel from Hyundai shipbuilder as it is strengthening its mine warfare capabilities against North Korea. The vessel, named Nampo, was delivered to the Navy in a ceremony held in the firm's shipyard in the southeastern city of Ulsan, according to the Defense Acquisition Program Administration,
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